Job Description
Overview
The General Insurance Corporation of India (GIC Re) is preparing to initiate the recruitment process for Assistant Manager (Scale I) positions in 2026. This role serves as a foundational entry point for professionals seeking to build a career within the public sector insurance domain. Selected candidates will contribute to the corporation's core operations, ensuring efficient service delivery and risk management across various insurance portfolios.
Key Responsibilities
- Evaluate incoming insurance applications to determine eligibility and coverage terms.
- Calculate and set appropriate premium rates for diverse insurance products including marine, fire, and health.
- Facilitate the end-to-end processing and settlement of insurance claims for policyholders.
- Maintain professional communication with customers, insurance agents, and external vendors.
- Assist senior management in financial analysis and reporting tasks to support decision-making.
- Monitor compliance with regulatory standards and internal corporate policies during daily operations.
Why Apply
Joining GIC Re offers a competitive salary structure along with comprehensive benefits including pension schemes and various allowances. The role provides significant exposure to the insurance industry, fostering professional development and long-term career progression within a stable government-backed organization.
Important Dates
- Notification Release: Expected Oct/Nov 2026
Quick Facts
- Post: Assistant Manager (Scale I)
- Salary: Rs. 50,925/- per month
- Location: Nationwide
- Category: Insurance Jobs
GIC Assistant Manager Recruitment 2026 Overview
Salary
Rs. 50,925/- per month
Vacancies
various
Eligibility
Graduation/Post Graduation/MBBS/B.E/B.Tech
Application Link
Vacancy Details
- Post: Assistant Manager (Scale I)
- Vacancies: To be announced in the official notification.
How to Apply
- Visit the official website at www.gicre.in once the notification is live.
- Locate the recruitment section and click on the link for Assistant Manager 2026.
- Register using a valid email ID and mobile number to generate login credentials.
- Log in and fill out the application form with accurate personal and educational details.
- Upload scanned copies of required documents, photograph, and signature as per specifications.
- Pay the application fee online through the provided payment gateway if applicable.
- Review all entered information carefully before submitting the final application.
- Download and print a copy of the submitted form for future reference.
Cutoff Marks
60% for General/OBC and 50% for SC/ST in the online test.
Application Fee
General/OBC: Rs. 1000/- plus 18% GST. SC/ST, PWD, Female candidates, and GIC/GIPSA employees: Nil. Payment must be made online.
Age Limit
Minimum 21 years and maximum 30 years. Relaxations: SC/ST (5 years), OBC (3 years), PWD (10 years), Ex-Servicemen (Service period + 3 years), Widows/Divorced women (9 years), GIC/GIPSA employees (8 years).
Selection Process
The selection process is a multi-stage procedure designed to assess technical knowledge and interpersonal skills. Candidates first appear for an online objective and descriptive test, which carries a weightage of 200 marks. Those who meet the qualifying criteria proceed to a group discussion, where their communication and analytical abilities are evaluated. Following this, a personal interview is conducted to assess the candidate's suitability for the officer role. Finally, a medical examination is mandatory to ensure the candidate meets the health standards required for the position.
Exam Pattern
The examination is conducted in three parts over 150 minutes. Part A focuses on Higher Order Reasoning or Technical Knowledge (40 marks). Part B covers Reasoning, English, General Awareness, and Numerical Ability (80 marks). Part C is a descriptive English test (30 marks). A negative marking of 1/4 applies to objective questions.
Latest Current Affairs (Key Points)
The Ministry of Health and Family Welfare launched the 'Ayushman Bhav' campaign to ensure comprehensive healthcare coverage across all villages and towns in India.The campaign aims to achieve saturati...
Discussions on UN Security Council reforms are anticipated to intensify.India and the European Union are expected to conclude a strategic partnership dialogue.G20 Finance Ministers are likely to addre...
Organization
General Insurance Corporation of India (GIC Re) is the national reinsurer of India, established in 1972. Headquartered in Mumbai, it operates under the administrative control of the Ministry of Finance, Government of India. GIC Re provides reinsurance support to insurance companies in India and abroad, playing a critical role in the country's financial infrastructure. The corporation is dedicated to risk management, capacity building, and maintaining the stability of the insurance market through professional expertise and global standards.
Frequently Asked Questions
The total number of vacancies for the GIC Assistant Manager 2026 recruitment has not been specified yet. The official notification, which is expected to be released in late October or early November 2026, will contain the detailed post-wise and category-wise vacancy breakdown. Keep checking the official website for the latest updates.
For the General stream, candidates must have completed a Graduation degree in any discipline. A minimum of 60% marks is required for General and OBC candidates, while SC/ST candidates must have at least 55% marks. Having a Post Graduation or MBA degree is considered a desirable qualification for this stream.
The age limit for the Assistant Manager post is between 21 and 30 years. Age relaxation is applicable for reserved categories: 5 years for SC/ST, 3 years for OBC, 10 years for PWD, and various relaxations for ex-servicemen and other specific groups as per government rules.
The application fee is Rs. 1000/- plus 18% GST for General and OBC candidates. Candidates belonging to SC/ST, PWD, and female categories, as well as employees of GIC and GIPSA member companies, are exempted from paying the application fee. Payment must be completed online.
The selection process consists of four stages: an online objective and descriptive test, a group discussion, a personal interview, and a medical examination. Candidates must qualify in the online test to be eligible for the subsequent stages of the recruitment process.
The selected candidates will be appointed as Assistant Manager (Scale I) with a basic pay of Rs. 50,925/- per month. Including allowances like DA, HRA, and CCA, the total monthly emoluments are approximately Rs. 85,000/-. Additional benefits like pension and medical allowances are also provided.
You can apply online through the official website at www.gicre.in once the notification is released. You will need to register, fill out the application form, upload the required documents, and pay the fee online. Ensure you keep a printed copy of the submitted application for your records.
Yes, there is a penalty for wrong answers marked in the objective-type tests. For every incorrect answer, 1/4 of the marks assigned to that question will be deducted. It is advisable to answer carefully to avoid unnecessary mark deductions.
